Posts tagged as business email compromise

Lithuanian pleads guilty in U.S. to $100 million fraud against Google, Facebook

Tuesday, March 26, 2019

The scheme is an example of “business email compromise,” in which fraudsters ask for money using emails targeted at companies that work with foreign suppliers. A Lithuanian man on Wednesday pleaded guilty to U.S. charges that he helped orchestrate a scheme to defraud Facebook and Google out of more than $100 million, federal prosecutors announced. Evaldas Rimasauskas, 50, entered his plea to one count of wire fraud before U.S. District…